"Loftway" just released its 2012 annual condo/loft report regarding 30 buildings in Downtown Los Angeles. The highest priced condo sold for $4 million and the lowest priced condo sold for $120,000. There were 354 total sales and the average standard sales price was $600,056 (487.73/sq ft). The average days on the market for standard sales was 82 days, indicating a relatively healthy market. There were 293 leases at an average of $1.99/sq ft. The 1100 Wilshire and the Luma had the most leases.

The top 5 most expensive buildings based on price/sq ft:

The Ritz Carlton Residences - $858.33/sq ft

The Evo - $542.90/sq ft

The Luma - $471.17/sq ft

The El Dorado - $463.82

1100 Wilshire - $449.51

The cheapest 5 buildings based on price/sq ft:

The Little Tokyo Lofts - $200.29/sq ft

The Alta Lofts - $209.68/sq ft

The Tomahawk Lofts - $214.19/sq ft

SB Grand - $215.86/sq ft

Molino Street Lofts - $231.70

Find more details below:

Photo Credit: www.la.curbed.com

There are many great condos currently on the market in Downtown LA! Downtown LA condos/lofts can be great investment properties because of their central location to schools (USC, Loyola Law School, Southwestern Law School, FIDM, etc), financial offices, the Staples Center, and more!

I would be happy to assist you in purchasing or selling a property in the downtown Los Angeles or greater Los Angeles and Orange County areas! Please allow me to provide you with an up to date list of available properties that fit your criteria or provide a professional estimate of your home value at no cost!

Feel free to contact me anytime at (310) 717-1321 or JamieTian@RodeoRE.com with any questions or concerns.

What are clients saying about Jamie?

Jamie represented us in purchasing two properties in Beverly Hills. Both were multiple offer situations and she was able to present our offers effectively and professionally. Even though we were competing with other buyers, she was still able to help us secure the properties under market value. Jamie was very trustworthy and knowledgeable throughout the entire escrow process and helped us close the transactions smoothly even though we were overseas. She is always quick to respond to phone calls, texts, and emails at any time of the day. We highly recommend Jamie to anyone looking for a great agent to assist in the purchase or sale of their home!- Andrew

Jamie was one of the best agents. We had listed this property with another agent during the hot season for 6 months. We sold this house in Dec shortly after she took over the listing. We will recommend her to our friends & families.- ​David & Sharon

This was my first time buying a home and Jamie was terrific in every way. She was ALWAYS responsive and never left a text, email, or phone call unanswered. I knew that any time I had a question or concern, Jamie would address it for me immediately. She was also very knowledgeable about various neighborhoods, positives and drawbacks to certain areas, what expected market prices are, and about the entire homeowner process in general. She was always organized and diligent, and I felt very confident about the purchase thanks to her. I would highly recommend her!-Celeste